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Macro

Fed: US Bank Deposits Rose to $19.657 Trillion Last Week

US bank deposits totaled $19.657 trillion last week, up from $19.566 trillion the prior week. The weekly increase of about $91 billion marks a continued build in deposit levels tracked by the central bank.

Original source

AI take

Deposit growth of this pace suggests liquidity is still being parked in the banking system rather than redeployed, which matters for how much capital is available to rotate into risk assets, including crypto and tokenized RWAs. The read-through is indirect: deposits are a proxy for idle cash, not a signal of allocation. Whether this build continues, or reverses as yields and sentiment shift, is the open question worth tracking against broader risk appetite.

Generated by AI for reference only.

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